Book Marketing, Author Publicity, Branding

Sunday, November 21, 2010

Most Popular Posts of the Week

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Wednesday, November 17, 2010

Think a Major Book Deal Guarantees Sales? Think Again.

Every once in awhile, I receive an email from an author that goes something like this:

"I think for my next book I'll try to get a deal with a big-name publishing company.  Then my book will be in every bookstore and I'll have more sales.  I'll definitely make more money." 

This may be true of some celebrity authors, but as I have pointed out in the past, celebrity authors didn't start that way.  They had to work, often for several years, before they got to that point.  Besides, signing with a "big-name publishing company" isn't necessarily a guarantee of success, either. 

Case in point, Tom Llewellyn, author of the soon-to-be published book "Letter Off Dead."  Tom signed a deal with a "big-name publishing company"...Random House.  In the publishing industry, they don't get much more big-name than that.  Tom recently blogged about his publishing contract. 

Basically, it looks something like this (in Tom's words):
If the book sells well enough to go into second printings, then I get royalty checks a couple of times a year, based on sales. Fee breakdowns are as follows:
Hardbacks: 15% of THE AMOUNT RECEIVED BY THE PUBLISHER
Paperbacks: 12%
Audiobooks: 10%
E-books 25%
And then, if someone pays a bazillion dollars for the movie rights, I get 70% and the publisher gets 30%

Now, let's assume (since we don't yet know) that the hardcover edition of "Letter Off Dead" will retail for $20.  The distributor will get a 55 percent discount, so the price Random House receives would be in the neighborhood of $9.00 per copy.  Of that, Tom will get 15 percent, or $1.35 for each hardcover copy that sells.  If the second printing of the book is in the range of 5,000 copies AND they all sell, Tom stands to earn about $6,750 from the second printing of his book.  Of course, we are assuming the retail price here, but you get the idea.  It's hardly the multi-million dollar deal many authors envision. 

Tom states it himself in his blog: 
"How much money does a guy like me make on a book like this? Not much. It works out to be about a buck a book – in hardbacks. So if I sell 10 million copies, I’m rich.
But if I sell, 10,000 copies, the whole thing works out to be about 50 cents an hour. Paperbacks pay less, because they sell for less."

Writers don't write strictly for the money, of course.  They write because they love it, and as I've stated here before, few writers can live on royalties alone.   Of course, Tom does have other projects, such as his other title The Tilting House.   

So what's the bottom line?  Having a connected publisher helps, but does not guarantee the success of any book, and those multi-million dollar publisher contracts are few and far between.  All authors need to work to promote and sell their books, no matter who is publishing their book. 
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Sunday, November 14, 2010

Most Popular Posts of the Week

These are the most popular posts of the past week, according to the number of readers.  If you missed out on one of these posts the first time around, here they are again!

The Biggest Mistake Authors Make

How to Market Your Book on Facebook

Seven Simple Tips to Getting Your Book Reviewed

Brand Your Name, Don't Promote Your Book

How Do Books Get Stocked in Bookstores?
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Friday, November 12, 2010

The Biggest Mistake Authors Make

When an author first releases a book, it is a given that they will make a few mistakes when it comes to marketing and promoting their book. That’s OK. You are basically starting a new business from scratch, and not every idea for promoting your book is going to be a good one. This blog is dedicated to helping authors avoid some of those mistakes and concentrate on the things that actually do work.

However, of all of the rookie mistakes a first-time author can make, there is one that towers above all others, and guarantees that a book will not be a success. It will relegate a title to the remainder bin of bookstores, or even worse, cause an author to have several copies of their book collecting dust in their garage. What is this mistake, you might ask? OK, here it is:

Doing nothing.

That’s right, if an author does nothing to promote and market their book, their book is not going to sell, no matter how hard a publisher may try. If an author isn’t involved in the marketing and promotion process, nothing a publisher does is going to make that title fly off the bookstore shelves and get into readers’ hands. Jim Miller, one of my co-workers, says it best: “Readers purchase books based upon the reputation and talent of the author. We can’t create that for you.” He’s right.

So why would an author do nothing to help get their book into the marketplace? Here are a few common reasons:

1. Fear of failure. Authors love to write, but they don’t always love to meet people face-to-face, sell themselves (and their book) or read negative reviews of their book. The thing is, this comes with the territory of being an author. Think about how often actors and celebrities come under the microscope. When someone releases a book and it gets some attention, some of that attention is going to be focused on the author, and it isn’t always the good kind. Remember, it’s not personal. It’s just business.

2. Unreasonable expectations. On the other hand, some authors feel that once they have written their book and it is printed, their job is done. They expect a publicist and the publisher to do all of the selling. While you may get some assistance from a publicist and a publisher, the lion’s share of making your book known to the reading world falls on you. After all, you are the person who wrote the books. If a bookstore is interested in hosting an author for an event, or if a media outlet is interested in doing an interview, they don’t want the publicist or the publisher, they want the person who wrote the book, the author. Even if your book is stocked by several bookstores, forget about just sitting back and waiting for the royalty checks to roll in. You have to help those books move.

3. Disappointment. Many authors have visions of hitting their book’s release date and seeing it take off like a rocket to the top of the New York Times Bestsellers list. This rarely ever happens. Bestsellers are often the result of an author spending years developing a readership and a fan base that will go to the bookstore and buy anything the author writes. When authors don’t see the kind of sales they expected, many of them get disappointed and give up. Often, this happens just a few months, or even a few weeks, after the book is released. Remember, you are starting a new business venture, and those are not built in the matter of a few weeks or months. It takes time to build a fan base. Working hard to promote a book won’t guarantee success, but doing nothing to promote yourself and your book will most definitely guarantee failure.

Marketing and promoting a book can seem like a daunting task, but if you do just one thing a day to raise awareness of yourself and your book, you can break it down into manageable, realistic chunks. Avoid the mistake of doing nothing, and you will see something happen with your book.
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Tuesday, November 9, 2010

Brand Your Name, Don't Promote Your Book

Brand Your Name, Don't Promote Your Book



Brand Your Name, Don't Promote Your Book

By Joanne Troppello


That's a strong statement, I know, but I wanted to capture your attention.

Stephen King, J. K. Rowling, Dean Koontz, Nora Roberts, Michael Crichton, James Patterson, Anne Rice, Mary Higgins Clark...we all know those names or at least a good portion of them. So what's my point? Just that...we know their names; we don't all remember the names of their books.

Your fans are not going to always be able to spout off the titles of all your books, but if they like your work and if you've become popular, they will remember your name. If they know your name, they can easily find you online or in the bookstores. When they find your website, then they can look up your books. When they go to the bookstores, they can find your specific titles.

As an author, hopefully you will continually be writing more books. Your readers may not always know your current works, but they'll keep track of what you're working on and when your new releases come out. So, how do you (and me), as up and coming authors waiting for the day you'll be on the best seller lists, brand your name and market yourselves as authors?

That question being put out there, you still, of course, need to work hard on marketing each of your books, but the way to really become popular is to market your name.

One of the best ways to brand yourself is to have a website. You always need to have an online presence; that includes branding yourself in the social media networks. Another good idea is that you should always try to write articles in your trade, and post them in free online writing networks. Usually, you just need to register and then you can begin posting articles; sometimes certain sites will need to review your articles first. These sites will allow readers to link to your profile, where they can follow a link to your website. Other online article posting sites allow you to list a byline with a direct link to your website.

You must remember that you are your greatest fan and you need to take advantage of that fact and promote yourself wherever you go. Of course, some people may feel this is taking you down to ego-land, but there are ways to promote yourself and your work without seeming to be overbearing. I don't usually like to be in the center of attention, but as my husband mentioned the other day, I'm an author now and I'd better get used to it.

Join writers groups and other writing associations and always attach your byline in everything that you write and have your "elevator speech" prepared and ready to use at all times. So what's an elevator speech? It's a short pitch on something you're trying to market and since you're trying to market yourself, be prepared to tell people that you are an author and when your next book is going to be released. Be ready to hand out a business card or at least be able to give out your website.

Blogging is another way to brand your name. You always want your readers, potential readers and the press to go to your website. You can do this by offering them something. How do you do that? You need to provide good content that is always updated. That's why it's good to have a blog directly on your website or if you have it through another online service, to at least have the blog link prominently displayed on your site. You can even create a newsletter. This will be a bit more time consuming than writing a daily or weekly blog, but it is something that you can think about as you get farther along in your writing career.

Don't forget to keep on promoting your name. You are your biggest fan! Make your marketing count!

Article Source: http://EzineArticles.com/?expert=Joanne_Troppello


http://EzineArticles.com/?Brand-Your-Name,-Dont-Promote-Your-Book&id=5022674







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